A round-up of the top stories from around the specialist financial media, including news that European competition officials have recommended blocking the tie-up between Deutsche Börse and NYSE Euronext
RBS said to plan job cuts for $64M savings
Royal Bank of Scotland Group Plc’s Irish unit is preparing its second round of job cuts in four years as part of an effort to save about 50 million euros ($63.9 million), according to two people with knowledge of the plan.
Negotiators for banks and governments are working to complete a promised debt restructuring for Greece that will slice in half what the nation owes its private bondholders
European competition officials have recommended blocking the tie-up between Deutsche Börse and NYSE Euronext, the German and US exchange operators, setting in motion what could be weeks of frantic lobbying to salvage the deal.
Hedge funds are taking on the IMF over its plan to slash Greece's towering debt burden, as time runs out on the talks that could sway the future of the euro.